Hamilton Wealth LLC Has $14.07 Million Stock Position in iShares U.S. Medical Devices ETF $IHI

Hamilton Wealth LLC increased its position in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 222.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 263,760 shares of the company’s stock after buying an additional 182,020 shares during the quarter. iShares U.S. Medical Devices ETF makes up 1.0% of Hamilton Wealth LLC’s investment portfolio, making the stock its 29th largest holding. Hamilton Wealth LLC’s holdings in iShares U.S. Medical Devices ETF were worth $14,072,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. raised its holdings in iShares U.S. Medical Devices ETF by 107.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 386 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the period. FWL Investment Management LLC bought a new stake in iShares U.S. Medical Devices ETF during the third quarter valued at about $27,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the fourth quarter valued at about $29,000. Group One Trading LLC acquired a new stake in shares of iShares U.S. Medical Devices ETF in the second quarter valued at about $29,000. Finally, Modus Advisors LLC bought a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $30,000.

iShares U.S. Medical Devices ETF Stock Performance

NYSEARCA IHI opened at $53.30 on Thursday. iShares U.S. Medical Devices ETF has a twelve month low of $47.37 and a twelve month high of $64.71. The stock has a market capitalization of $3.20 billion, a PE ratio of 30.76 and a beta of 0.82. The stock has a 50-day simple moving average of $50.23 and a 200 day simple moving average of $53.92.

iShares U.S. Medical Devices ETF Company Profile

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.